Investment Property: Heartful Kids Tsukada Nursery in Funabashi, Chiba

This listing is for a single-unit nursery building, 'Heartful Kids Tsukada Nursery,' located in Maekaizuka-cho, Funabashi City, Chiba Prefecture. The property is a newly constructed, single-story wooden building completed in March 2026. It offers a total floor area of 149.88 square meters (approximately 45.33 tsubo), which includes an 8.35 square meter area for an automobile garage.

The building is situated on a spacious plot of land measuring 854 square meters (approx. 258.33 tsubo), of which approximately 381 square meters is sloped land. The property is currently tenanted. A key investment feature is the assumed annual rental income of 9,504,000 yen (including common area fees) when fully occupied, which translates to an estimated yield of 4.7% based on the asking price. Important notes from the agent clarify that this yield is calculated as the ratio of annual rental income to the sale price before deducting taxes, public charges, and other necessary maintenance costs. The assumed rent and yield are calculated based on market rates, adding rent for vacant spaces to simulate full occupancy. The agent also explicitly states that rental income is not guaranteed to be reliably obtained in the future. (As of the survey date: April 2, 2026).

Additional selling points include a 10-year rent guarantee for the owner. Owner repair responsibilities are limited to the building's structural parts, with equipment maintenance being the tenant's responsibility. Running costs for the owner consist of fixed asset taxes and fire insurance premiums. The property provides parking for three vehicles (with vehicle type restrictions) and bicycle parking space. The location is highly convenient, just a 4-minute walk from Tsukada Station on the Tobu Noda Line.